Speedway Motorsports declares dividend

Concord-based Speedway Motorsports, which owns Charlotte Motor Speedway, today declared a quarterly cash dividend of 10 cents per share of its common stock.

The dividend will be payable Sept. 9 to shareholders of record by the close of business Aug. 19.

The company also produces and broadcasts syndicated motorsports programming to radio stations nationwide through its Performance Racing Network subsidiary and owns Motorsports Authentics, a joint venture formed with International Speedway Corporation to produce, market and sell licensed motorsports merchandise.